Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 973 Shares of Peabody Energy Co. (NYSE:BTU)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in Peabody Energy Co. (NYSE:BTU) by 3.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 25,938 shares of the coal producer’s stock after selling 973 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Peabody Energy were worth $543,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC grew its holdings in shares of Peabody Energy by 167.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,189 shares of the coal producer’s stock worth $25,000 after purchasing an additional 744 shares in the last quarter. Byrne Asset Management LLC grew its stake in Peabody Energy by 63.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock worth $37,000 after buying an additional 680 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in Peabody Energy by 144.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,951 shares of the coal producer’s stock worth $83,000 after buying an additional 2,333 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Peabody Energy by 43.0% in the 3rd quarter. Larson Financial Group LLC now owns 3,350 shares of the coal producer’s stock worth $89,000 after buying an additional 1,008 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Peabody Energy by 120.2% during the 4th quarter. US Bancorp DE now owns 4,289 shares of the coal producer’s stock valued at $90,000 after buying an additional 2,341 shares in the last quarter. Hedge funds and other institutional investors own 87.44% of the company’s stock.

Peabody Energy Price Performance

Shares of NYSE:BTU opened at $14.32 on Friday. The company has a quick ratio of 1.68, a current ratio of 2.15 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.74 billion, a PE ratio of 5.30 and a beta of 0.94. The company’s fifty day moving average is $15.64 and its 200 day moving average is $20.90. Peabody Energy Co. has a 52 week low of $12.15 and a 52 week high of $29.94.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Thursday, February 6th. The coal producer reported $0.28 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.25). Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%. Research analysts anticipate that Peabody Energy Co. will post 2.61 earnings per share for the current year.

Peabody Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date was Wednesday, February 19th. Peabody Energy’s dividend payout ratio (DPR) is presently 11.11%.

Wall Street Analysts Forecast Growth

BTU has been the subject of several research reports. Benchmark cut their target price on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, February 7th. BMO Capital Markets upgraded Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a report on Monday, December 16th. Finally, Jefferies Financial Group decreased their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, January 6th.

Peabody Energy Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.